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pashok25 [27]
2 years ago
15

Other things being equal, a ________ supply of workers tends to put ________ pressure on real wages.

Business
1 answer:
Sav [38]2 years ago
8 0

The answer is, larger; downward.

  • Other things being equal, a larger supply of workers tends to put  downward pressure on real wages.

<h3>How do wage increases affect the demand for and supply of labor?</h3>
  • The quantity of work required will alter in response to changes in pay or salary.
  • Employers will want to hire fewer workers if the pay rate rises.
  • There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

<h3>What causes wage increase?</h3>
  • There are several reasons why employers may decide to raise salaries.
  • An increase in the minimum wage is the most frequent justification for wage increases.
  • The minimum wage can be raised by both the federal and state governments.
  • Companies that manufacture consumer items are also renowned for giving their employees small pay raises.

<h3>How does wage increase affect supply?</h3>
  • The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels.
  • The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.

Learn more about  real wages here:

brainly.com/question/1622389

#SPJ4

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Answer: $11,620

Explanation:

A=P(1+r/n)^nt

A=$10,000(1+0.03/12)^12×5

A=$10,000(1+0.0025)^60

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A=$10,000(1.162)

A=$11,620

Note: A= Future value

P= principal

r=Interest rate

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The statement about steering needed resources to execution-critical value chain activities which is false is that good execution of a new or revised strategy often requires devoting more resources to some value chain activities and perhaps downsizing the operating budgets and resources devoted to activities/organizational units with a lesser role in the new strategy.

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